Contract Notes

Mike Pennel signed a three year, $10.5 million contract with the Jets on March 18, 2018. Pennel received $3.5 million in guarantees which includes a $1.5 million signing bonus, $1.5 million 2018 salary, and $500,000 2018 roster bonus. The Jets can pick up an option on the 2019 and 2020 years by paying a $1 million option bonus. There are $250,000 in per game bonuses in both 2019 and 2020. Pennel can earn up to $1.5 million in escalators to increase the contract value to a maximum of $12 million.